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Dr Andrzej Dmowski for Rzeczpospolita

Advocate Andrzej Dmowski prepared a brief opinion for the Republic of Poland on the split payment system and information on the cash flow of STIR for the article "VAT: split payment and insurance claims".

Advocate Andrzej Dmowski prepared a brief opinion for the Republic of Poland on the split payment system and information on the cash flow of STIR for the article "VAT: split payment and insurance claims".

On the dedicated website we can read: “Divided payment systems...

Advocate Andrzej Dmowski prepared a brief opinion for the Republic of Poland on the split payment system and information on the cash flow of STIR for the article "VAT: split payment and insurance claims".

The dedicated website reads: “The systems of split payment and information on the cash flow of STIR can undoubtedly help reduce fraud on goods and services. However, business practice shows that import duties, including VAT, are already being circumvented by regulating some of the charges for goods in the form of, for example, an artificially created contractual penalty.

Payments for this reason are not payments for goods or services, so the split payment system will not cover them. Nor will the STIR system track this if the entrepreneur uses a foreign bank account. It monitors only Polish banks. Such phenomena are obviously detrimental to public finances, but neither the split payment nor the STIR system can be considered a wonderful panacea for tax avoidance."

We invite you to read: http://www.rp.pl/VAT/306079941-VAT-platnosc-podzielona-a-odszkodowania-i-roszczenia-ubezpieczeniowe.html

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